Finance Minister urges effective response to EU crisis
Finance Minister Mihály Varga has urged the European Union to adopt quick, proportionate and fair measures as part of its management of the bloc’s coronavirus crisis.
Adam
Economy
Govt seeks to introduce energy efficiency obligation scheme in 2021
Industry representatives and trade unions have expressed their support for government plans to introduce an energy efficiency obligation scheme in Hungary next year, Innovation and Technology Minister László Palkovics said at the first, online, meeting of a relevant working group.
Interest in govt wage subsidy scheme jumps
Applications for the government’s wage subsidy scheme has jumped over the past two weeks, a Ministry of Innovation and Technology official said.
Defense Minister: Armed forces aims to play key role in job creation
By introducing special volunteer military reservist service, the Hungarian Armed Forces aims to play a key role in the creation of new jobs during the novel coronavirus epidemic, the defence minister said.
Government to allocate HUF 150 BN to developments in tourism
The government is allocating another 150 billion forints (EUR 423.7m) to the full revamping of tourist accommodations and other developments, the head of the Hungarian Tourism Agency said.
Air France and Finnair to resume flights to Budapest
French airlines Air France and Finnish carrier Finnair has announced that they would restart flying to Budapest in June and July, respectively.
Plus Bond Weekly Sales Decline, But Still Above Lockdown Levels
The latest weekly sales of the Hungarian Government Securities Plus bonds for retail investors reached 32.9 billion forints (EUR 92.5m), down from 42.7 billion in the previous week, but still higher than sales at the start of the coronavirus crisis, according to the Government Debt Management Agency (AKK).
BMW Group Takes Possession of the Industrial Area to Host Its Plant in Debrecen
„We are still committed to our new plant in Debrecen. However, due to the economic situation caused by the coronavirus epidemic, we have to rethink the schedule of the work to be carried out” – said Michele Melchiorre, Director of BMW Group Plant in Debrecen on 15 May 2020.
Lufthansa Group to restart flights to Budapest in June
Lufthansa, Eurowings and Swiss Air Lines will restart a number of services to domestic and European destinations from June after seeing a growing interest in air travel by its passengers.
Budapest lockdown eased further
Pest County will join the rest of the country and ease its coronavirus-related restrictions. Budapest will remain under the original strict regime for the time being.